By setting the investors' best interest as the overarching standard of conduct, Reg BI ensures that customers will not only have unfettered access and choices, but they will be protected by a significantly heightened standard of care.
McHenry emphasizes the importance of investor protection and choice under Regulation Best Interest.
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Community banks are already struggling under the current regulatory agenda. We should not be adding more burdensome rules.
That lack of transparency and accountability raises concerns about the extent to which other countries are influencing financial regulation here in the United States.
Director Chopra, your leadership is a glaring example of this alarming trend of becoming a hyper-partisan agency.
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